City councillors have announced plans for the creation of a brand new business and entertainment venue in Aberdeen.
The new facility, which has been proposed for a site in Dyce, near Aberdeen International Airport, will replace the Aberdeen Exhibition and Conference Centre (AECC).
The venue, if approved, will come in at a cost expected to be around £200 million. However, whilst interested parties have already approached the project organisers about investment, funding from the Scottish government would be needed.
According to Ross Thomson, one of the key council leaders in Aberdeen, a precedent has already been set too.
Highlighting how two successful concert and conference venues are already supported by Holyrood funding, Thomson said:
“The Scottish government at the moment funds the SECC in Glasgow, and also the concert venue in Edinburgh.
“We think there would be an opportunity for the Scottish government to re-evaluate the way it funds some of the other venues in Scotland and maybe look at diverting some of their funds to Aberdeen.”
Setting out the plans for funding, Thomson was eager to point out the strategic importance of Aberdeen.
With the oil and gas sector doing so well, firms in the region, many of them funded by invoice factoring facilities, have enjoyed growth despite the wider economic issues.
It is hoped that the facility would be ready to open its doors in time for the 2017 Offshore Europe conference. Until then, the existing AECC would continue to operate as normal.